Category: Insurance Philippines

PhilHealth Announces New COVID-19 Coverage

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The novel coronavirus, otherwise known as COVID-19, has already killed more than 1,800 people and infected around 72,000 others ever since it was detected in Wuhan last December. China has naturally seen the first death from COVID-19, but the first death outside China is in the Philippines. It was on January 30, 2020, when the first case of the COVID-19 was reported in the Philippines due to a 38-year old…

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What is an Insurance Limit?

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Insurance policies are essential to secure people financially in case anything happens to one’s property or on one’s health. Insurance plans will serve as lifesavers for the insured since they will not have to pay out of their pockets as long as they have the necessary coverage for what they endured. No matter the type of policy one has and its coverages, people will not enjoy their insurance limitlessly since…

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Know About Insurable Interest

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Nobody in the world is getting any younger, and one can say that the world is getting more dangerous as the days go by. Some people might be superstitious and not want to invite trouble by getting insured, but there’s no doubt that life insurance is beneficial for those who’ll be left behind. Getting life insurance is an excellent way to protect one’s loved ones from any financial difficulties they…

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Why Renters Need Home Insurance?

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Many Filipinos are superstitious and believe that getting insurance, whether it is life or health, is like they’re admitting that something disastrous will inevitably happen to them, and most Filipinos want to shy away from the thoughts to keep them safe during their everyday life. Most people also think that getting insurance is reserved only for the elite, those who can afford it without worrying about any other expenses. The…

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Insurance Fraud in the Philippines that you should be Aware Of

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Being a victim of insurance fraud can cost too much in financial, legal court, and emotional trauma. However, avoiding such tragedy can be avoided to be prevented with the right knowledge of how such crime works There are many instances when insurance fraud occurs, for example, when a consumer tries to find insurance for his/her car. According to the Philippine Insurers and Reinsurers Association, car insurance scams in the Philippines…

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MAAGAP Company Profile: What Makes MAAGAP a Good Option For You?

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There’s a Filipino proverb that goes somewhere along the line of “daig ng maagap ang masipag”. In the world of car insurance, this is something true and applicable. With the “bahala na” mentality still running rampant among motorists, it helps to have an insurance company that you could rely on. Just how much could a damaged bumper, or a small scratch cost? What if you just had an accident with a…

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Insurance Company Profile: Standard Insurance

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Finding the right car insurance company may seem a challenge. There are a lot of things that you need to consider from their reputation, to what they can offer to the table. It is important that car owners do their own research in order to get the best deal. Many companies out there claim that they are the best. But if you are looking at decades of experience in the…

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